Jordan Fiscal Policy
The overall Jordanian economy has been marked by the following characteristics, challenges, and problems.
Jordan Free Zones
Jordan’s trade sector is growing rapidly, primarily as a result of having more FTAs than any other Arab state in the region. With US7 bil. exports In 2009, it ranked 4th after UAE, Bahrain, and Qatar.
Jordan Economy Overview
Jordan’s economy has had robust growth of 6%-7% every year since 2000, with highs of 8% in 2004, and 7.8% in 2008. While the world financial crisis slowed growth to 2.8% in 2009, it but did not stop it.
Amman Chamber of Commerce
The major challenges that we face are structural. By this I mean we have a large public sector and the number of public sector servants
Development Zones in Jordan
As the economy grows there is the potential to develop new zones in the country but there are also regional interests that we see from other investors worldwide.
Industrial Parks in Middle East
Our industrial zone employs 15,000 people and at one point had about 600 million US dollars of exports, there are fifty factories with tenants of 12 nationalities and international manufacturers.
Jordan Capital Markets
The current market capitalization amounted to 22 billion JD – that represents about 137% of GDP, which is considered high compared to international standards.
Jordan Ministry of Energy
We import 96% of our energy from outside of Jordan, not only from Egypt; we import only the gas from Egypt for our electricity generation.
Arab Bank Jordan
Standard & Poor’s Corp. cut Jordan’s long-term local currency sovereign ratings to BBB- from BBB.
Lebanon Economy: Challenges and Economic Growth Potential
In 2008, the first year of the Doha Agreement that signaled the end of internal violence, the economy grew by 8.5%, 9% in the following year, and is on course to grow 7% in 2010.